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2011•Journal of Applied Business Research (JABR)Open access

Economic Issues In Bankruptcy And Reorganization

Mark Shrader, Kent Hickman

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Abstract

This paper examines current issues in bankruptcy and reorganization. Bankruptcy is an area of high research interest because of its implications for corporate financial decisions and because of the increased occurrence of financial distress in the U.S. economy. The paper discusses the role of bankruptcy in the economy and examines the efficiency of current bankruptcy laws and practices.

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What this paper is about

This paper examines current issues in bankruptcy and reorganization. Bankruptcy is an area of high research interest because of its implications for corporate financial decisions and because of the increased occurrence of financial distress in the U.S. economy. The paper discusses the role of bankruptcy in the economy and examines the efficiency of current bankruptcy laws and practices.

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Available abstract

This paper examines current issues in bankruptcy and reorganization. Bankruptcy is an area of high research interest because of its implications for corporate financial decisions and because of the increased occurrence of financial distress in the U.S. economy. The paper discusses the role of bankruptcy in the economy and examines the efficiency of current bankruptcy laws and practices.

Key concepts: Bankruptcy, Financial distress, Business, Accounting, Economics, Finance, Financial system

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